BEL Secures ₹596 Cr New Orders; Q2 Profit Surges 18%, Beats Estimates

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CNBC TV18•08-01-2026, 20:02
BEL Secures ₹596 Cr New Orders; Q2 Profit Surges 18%, Beats Estimates
- •Bharat Electronics Ltd (BEL) announced new orders worth ₹596 crore since January 1, 2026.
- •Major orders include drone detection and jamming systems, mobile communication terminals, software solutions, and related services.
- •BEL's Q2 bottomline rose 18% to ₹1,286 crore, surpassing CNBC-TV18's poll estimate of ₹1,143 crore.
- •Quarterly revenue increased 26% to ₹5,764 crore, exceeding the ₹5,359 crore estimate.
- •EBITDA grew 22% to ₹1,695.6 crore, but the margin narrowed slightly to 29.42%.
Why It Matters: BEL bags significant new orders and reports strong Q2 financial results, outperforming estimates.
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